While reporting financial results for the first quarter on Tuesday, WK Kellogg Co. (KLG) lowered its organic net sales growth guidance for the full-year 2025, due to its first-quarter results and weaker than expected consumption trends.
For fiscal 2025, the company now projects organic net sales decline of 2 to 3 percent, down from the prior expectations for a 1 percent decline.
On average, nine analysts polled expect the company to report revenue decline of 0.08 percent to $2.71 billion for the year.
The company said the outlook now includes a modest impact from tariffs, primarily related to the sourcing of raw materials outside of North America, and assumes that most of the production remains exempt from tariffs on imports from and exports to Canada and Mexico.
However, it added that there can be no assurance that this suspension will remain in place indefinitely or whether any new or expanded tariffs may further impact its business and results of operations.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.